TROPHY GAMES (Germany) Market Value
| 4H7 Stock | 0.87 0.01 1.16% |
| Symbol | TROPHY |
TROPHY GAMES 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to TROPHY GAMES's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of TROPHY GAMES.
| 01/28/2025 |
| 02/27/2025 |
If you would invest 0.00 in TROPHY GAMES on January 28, 2025 and sell it all today you would earn a total of 0.00 from holding TROPHY GAMES DEV or generate 0.0% return on investment in TROPHY GAMES over 30 days. TROPHY GAMES is related to or competes with Media, GMO INTERNET, G-III APPAREL, and United Internet. More
TROPHY GAMES Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure TROPHY GAMES's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess TROPHY GAMES DEV upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.84 | |||
| Information Ratio | 0.0012 | |||
| Maximum Drawdown | 12.63 | |||
| Value At Risk | (4.44) | |||
| Potential Upside | 5.88 |
TROPHY GAMES Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for TROPHY GAMES's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as TROPHY GAMES's standard deviation. In reality, there are many statistical measures that can use TROPHY GAMES historical prices to predict the future TROPHY GAMES's volatility.| Risk Adjusted Performance | 0.0093 | |||
| Jensen Alpha | (0) | |||
| Total Risk Alpha | 0.0229 | |||
| Sortino Ratio | 0.0013 | |||
| Treynor Ratio | (0.02) |
TROPHY GAMES DEV Backtested Returns
TROPHY GAMES DEV owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.038, which indicates the firm had a -0.038 % return per unit of standard deviation over the last 3 months. TROPHY GAMES DEV exposes twenty-eight different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate TROPHY GAMES's coefficient of variation of 40684.45, and Risk Adjusted Performance of 0.0093 to confirm the risk estimate we provide. The entity has a beta of 0.14, which indicates not very significant fluctuations relative to the market. As returns on the market increase, TROPHY GAMES's returns are expected to increase less than the market. However, during the bear market, the loss of holding TROPHY GAMES is expected to be smaller as well. At this point, TROPHY GAMES DEV has a negative expected return of -0.11%. Please make sure to validate TROPHY GAMES's information ratio, total risk alpha, and the relationship between the coefficient of variation and jensen alpha , to decide if TROPHY GAMES DEV performance from the past will be repeated at some future point.
Auto-correlation | -0.29 |
Weak reverse predictability
TROPHY GAMES DEV has weak reverse predictability. Overlapping area represents the amount of predictability between TROPHY GAMES time series from 28th of January 2025 to 12th of February 2025 and 12th of February 2025 to 27th of February 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of TROPHY GAMES DEV price movement. The serial correlation of -0.29 indicates that nearly 29.0% of current TROPHY GAMES price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.29 | |
| Spearman Rank Test | -0.41 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
TROPHY GAMES DEV lagged returns against current returns
Autocorrelation, which is TROPHY GAMES stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting TROPHY GAMES's stock expected returns. We can calculate the autocorrelation of TROPHY GAMES returns to help us make a trade decision. For example, suppose you find that TROPHY GAMES has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
TROPHY GAMES regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If TROPHY GAMES stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if TROPHY GAMES stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in TROPHY GAMES stock over time.
Current vs Lagged Prices |
| Timeline |
TROPHY GAMES Lagged Returns
When evaluating TROPHY GAMES's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of TROPHY GAMES stock have on its future price. TROPHY GAMES autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, TROPHY GAMES autocorrelation shows the relationship between TROPHY GAMES stock current value and its past values and can show if there is a momentum factor associated with investing in TROPHY GAMES DEV.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in TROPHY Stock
TROPHY GAMES financial ratios help investors to determine whether TROPHY Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in TROPHY with respect to the benefits of owning TROPHY GAMES security.